NOT LISTED FOR SALE

10 Nichols St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $540,000 - $674,000

-- Bed
-- Bath
1,866 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $450,000 $241 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,726/month

88 Days on Market

About This Home

As of April 2022

This home is located at 10 Nichols St, Newark, NJ 07105 since 15 November 2021 and is currently estimated at $592,920, approximately $317 per square foot. This property was built in 1890. 10 Nichols St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Mario Espada

RE/MAX SELECT Brokerage Phone: 973-741-3000 Listed on: 11/15/2021

Last Buyer's Agent

Virginia Caamano

COLDWELL BANKER REALTY RDG

COLDWELL BANKER REALTY RDG

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,986

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,986

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Essex
  • Street Number Display: 10
  • I D: 5116005
  • Modified: 2023-04-20
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X86
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 15, 2022
Sold by
Busby Velva
Bought by
Pajarito Moises
Seller's Agent
Mario Espada
RE/MAX SELECT
Buyer's Agent
Virginia Caamano
COLDWELL BANKER REALTY RDG
List Price
$494,900
Sold Price
$450,000
Premium/Discount to List
-$44,900
-9.07%
Current Estimated Value
$592,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,920
Avg. Annual Appreciation
8.32%
Original Mortgage
$300,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Braga Fortunato and Braga Maria
Bought by
Busby Velva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,864
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pajarito Moises $450,000 Friscia Lawrence
Busby Velva $236,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pajarito Moises $300,000
Previous Owner Busby Velva $232,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $450,000 -1.1% $241 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/02/2022 02/02/22 Price Changed $454,900 -8.1% $244 / Sq Ft
11/15/2021 11/15/21 For Sale $494,900 -- $265 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,986 $187,400 $69,200 $118,200
2024 $6,986 $187,400 $69,200 $118,200
2022 $7,001 $187,400 $69,200 $118,200
2021 $6,998 $187,400 $69,200 $118,200
2020 $7,121 $187,400 $69,200 $118,200
2019 $7,048 $187,400 $69,200 $118,200
2018 $6,921 $187,400 $69,200 $118,200
2017 $6,671 $187,400 $69,200 $118,200
2016 $6,447 $187,400 $69,200 $118,200
2015 $6,201 $187,400 $69,200 $118,200
2014 $5,811 $187,400 $69,200 $118,200
Source: Public Records

Agents Affiliated with this Home

  • Mario Espada

    Seller's Agent in 2022

    Mario Espada

    RE/MAX SELECT

    (973) 715-9501

    15 in this area

    54 Total Sales

    Mario Espada
    Section Image

  • V

    Buyer's Agent in 2022

    Virginia Caamano

    COLDWELL BANKER REALTY RDG

    (201) 615-8611

    1 in this area

    104 Total Sales

    Virginia Caamano
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3752107

Garden State MLS

APN: 14-00945-0000-00005

New Jersey Essex County Newark 07105 South Ironbound

10 Nichols St, Newark, NJ

This home is located at 10 Nichols St, Newark, NJ 07105 since 15 November 2021 and is currently estimated at $592,920, approximately $317 per square foot. This property was built in 1890. 10 Nichols St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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